Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.001105 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.00112 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Collapsing Doji Star’ candlestick pattern is detected. The candles form ‘Collapsing Doji Star’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00115 |
| 2nd High | 0.00114 |
| Next High | 0.00112 |
| Current Price | 0.001111900 |
| Next Low | 0.0011 |
| 2nd Low | 0.00109 |
| 3rd Low |
0.00112 – 0.0011 – 0.0011 – 0.0011 – 0.00109 – 0.0011 —
0.001114200 – 0.001113400 —
58.771756052807 – 56.843833507834 —
– —
0.00112 – 1777062600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Collapsing Doji Star – – –